Listing ID: 1690994
Sold For: $758,000
Status: Closed
Address: 17821 Stone Avenue N
City: Shoreline
State: Washington
Postal Code: 98133
SqFt: 2,550
Acres: 0.172
County: King
Investor opportunity! Perfect for the owner user or savvy investor! Both units are townhouse style. Invest in Shoreline where duplex's are value priced. The 17821 unit was remodeled 2 years ago and is in great condtion. 17823 has a more vintage feel and its spacious and in good condition. It also has access to the back yard and a covered outdoor area. 2 private 1 car garages plus more off street parking. Private yard space, great location, walking distance to shopping and transportation. Great opportunity to invest in the growing Shoreline Area with an investment property Zoned TC 4. We believe there is potential for a future 5 lot townhome project.

Primary Features

County: King
Property Sub Type: Multi-Family
Property Type: Residential Income
Subdivision: Shoreline
Year Built: 1978


Building Area Units: Square Feet
Flooring: Ceramic Tile, Vinyl, Carpet
Furnished: Unfurnished
Heating Cooling Type: Baseboard
Living Area Units: Square Feet
Stories Total: 2


Construction Methods: Standard Frame
Covered Spaces: 2
Elevation Units: Feet
Exterior Features: Wood Products
Foundation Details: Poured Concrete
Lot Features: Curbs, Sidewalk
Lot Size Dimensions: 75 x 100
Lot Size Square Feet: 7500
Lot Size Units: Square Feet
MLS Lot Size Source: kcr
Number Of Units Total: 6
Open Parking Spaces: 2
Parking Total: 4
Parking Uncovered Spaces: 2
Roof: Composition
Sewer: Sewer Connected
Sewer Company: Ronald
Structure Type: Duplex
Style Code: 52 - Duplex
Units Below Grade: false
Units In Building Total: 2
Utilities: Cable Connected, Sewer Connected, Electricity Available
Water Company: North City/City of Seattle
Water Source: Public


Building Area Total: 2550
Country: US
High School: Shorewood High
High School District: Shoreline
Middle Or Junior School: Albert Einstein Mid
MLS Area Major: 715 - Richmond Beach/S
Waterfront: no
Zoning Jurisdiction: City


First Right Of Refusal: no
Mls Status: Sold
Offers: Seller intends to review offers upon receipt
Power Company: City Light
Power Production Type: Electric
Preliminary Title Ordered: yes
Property Condition: Good
Site Features: Cable TV, Deck, Fenced-Partially, Patio


Buyer Financing: Conventional
Cap Rate: 4.6
Gross Adjusted Income: 45000
Gross Rent Multiplier: 16
Gross Scheduled Income: 45000
Insurance Expense: 1250
Leasable Area: 2724
Leasable Area Units: Square Feet
Leased Items: None
Net Operating Income: 34915
Other Expense: 1250
Possession: Tenant's Rights
Sale Type: MLS
Seller Disclosure: Provided
Special Listing Conditions: None
Tax Annual Amount: 7585
Tax Year: 2019
Total Expenses: 10085
Total Monthly Income: 3750

Zoning Info

Area Info

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by Heaton Dainard, LLC (2412) and should be verified by the buyer. © 2023 NWMLS. All rights reserved. Data last updated: Thursday, March 30th, 2023 07:21:34 PM.
Closed Listing courtesy of RE/MAX Northwest
Closed Listing courtesy of RE/MAX Northwest

Schedule a Showing - Listing ID 1690994

Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call Heaton Dainard at 425-881-5131.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Data services provided by IDX Broker
Go to Top